What Is an Oklahoma Lease Agreement?
An Oklahoma lease agreement is a document that outlines the terms for a landlord renting a property to their tenants. This contract should include identifying information about the tenant and landlord, rent payment details, and rules for property use. Once a landlord and tenant agree to the terms, both parties can sign the document into effect.
Oklahoma Landlord-Tenant Laws Overview
Landlords must abide by state laws when writing an Oklahoma residential lease agreement. Review the most relevant laws below so you can stay in compliance.
| Topic | Rule | Law |
|---|---|---|
| Security Deposit Maximum | No maximum | n/a |
| Security Deposit Storage | Must be kept in a separate escrow bank account maintained by the State of Oklahoma | 41 OK Stat § 115(A) |
| Security Deposit Interest | No requirements | n/a |
| Security Deposit Return | Within 45 days of the end of the tenancy | 41 OK Stat § 115(B) |
| Rent Control | Prohibited | 11 OK Stat § 14-101.1 |
| Late Fee Maximum | None | n/a |
| Grace Period | None | n/a |
| Landlord Entry | One day's notice, except in cases of emergency | 41 OK Stat § 128 |
| Lease Termination | 30 days' notice | 41 OK Stat § 111 |
Types of Oklahoma Lease Agreements
Not all landlords will benefit from the same type of Oklahoma lease agreement. If you want to enter a short-term arrangement, you may use a month-to-month lease. Legal Templates also offers standard, subleasing, and room rental agreements to meet your needs. Explore our forms below.
Oklahoma Standard Lease Agreement
Lays out the rules, rights, and obligations for a tenancy arrangement.
Oklahoma Room Rental Agreement
An official contract that specifies rental terms, financial obligations, and living conditions for renting a specific room.
Oklahoma Commercial Lease Agreement
An arrangement where a business rents a space for operations, typically offices, retail stores, or warehouses.
Oklahoma Rent-to-Own Lease Agreement
An arrangement allowing tenants to rent now and purchase later.
Oklahoma Month-to-Month Rental Agreement
Maintains a monthly succession of renewals, with no particular end in sight unless terminates.
Oklahoma Sublease Agreement
Sets up a supplementary lease arrangement, allowing the original tenant to engage in subletting, while still being accountable to the landlord.
Security Deposit Regulations in Oklahoma
Oklahoma law does not place a limit on how much a landlord can request from a tenant for a security deposit. Landlords also do not need to provide security deposit receipts or pay interest on deposits.
Even though state law is relaxed on some aspects of security deposits, it requires landlords to keep any security deposits in a separate escrow bank account maintained by the State of Oklahoma (41 OK Stat § 115(A)).
Also, an Oklahoma landlord must return any security deposit to the tenant within 45 days of the end of the tenancy. A landlord can withhold security deposit funds for unpaid rent or damages and must itemize these deductions in a written statement with the remaining deposit (41 OK Stat § 115(B)).
Oklahoma Rent Payment Rules
Rent is due on the date specified in the Oklahoma lease agreement, if not specified, at the beginning of each month (41 OK Stat § 109). Rent control is banned, so landlords can charge any amount they’d like (11 OK Stat § 14-101.1).
State law doesn’t impose a maximum late fee for rent, though it should remain reasonable. There’s no grace period for late rent, either, but it can be stated in the Oklahoma residential lease agreement if the parties want to implement one. Without a grace period, the landlord can send a 5-day notice to pay rent or quit as soon as rent is late.
Landlord Entry Regulations in Oklahoma
Oklahoma landlords must give tenants one day’s notice before entering the premises. This includes entry for maintenance and repair purposes, and the landlord must only enter at reasonable times. In cases of emergency, landlords are allowed to enter the premises without giving a tenant advanced notice (41 OK Stat § 128).
Oklahoma Landlord and Tenant Property Repair Responsibilities
An Oklahoma landlord has the following duties under a lease (41 OK Stat § 118):
- Keep all common areas clean and safe.
- Make all repairs and keep the premises in a habitable condition.
- Maintain all electrical, plumbing, sanitary, heating, ventilating, air-conditioning, and other facilities and appliances in safe, working condition.
- Provide waste removal services.
- Supply running water, hot water, and heat.
The landlord and tenant may agree (in a document separate from the rental agreement) that the tenant is responsible for performing specified repairs, maintenance tasks, alterations, or remodeling.
If the unit is damaged by a fire or other event and it was not caused by a deliberate or negligent act of the tenant, the tenant may complete one of two actions (41 OK Stat § 122):
- Vacate the premises and notify the landlord in writing within one week of their intent to end the lease.
- Vacate any part of the unit that’s unusable (in this case, the tenant’s rent liability will be reduced accordingly).
Required Lease Disclosures in Oklahoma
Here are the disclosures that a landlord must make in an Oklahoma residential lease agreement:
- Disclosure of Flood Hazard Area. Whether the property has experienced flooding within the last five years (41 OK Stat § 113a).
- Notice of Illegal Substance Contamination. Whether the property was a previous site of methamphetamine production (41 OK Stat § 118(C)).
- Identification. The name and address of anyone with permission to enter the property, including owners and managers (41 OK Stat § 116).
- Disclosure of Lead-Based Hazards. All Oklahoma landlords of any building constructed before 1978 must notify all tenants of the potential existence of lead-based hazards (42 US Code § 4852(d)).
Oklahoma's Sutton Rule
A tenant is considered “co-insured” on a landlord’s fire insurance policy. You can override this rule (called the Sutton Rule) by explicitly stating otherwise in the lease.
Terminating a Lease in Oklahoma
A landlord can terminate an Oklahoma lease agreement by providing a 30-day notice (41 OK Stat § 111). If a tenant leaves valuable personal property behind, the landlord must store it for 30 days and notify the tenant that it will be considered abandoned after this period (OK Stat § 41-130).
Oklahoma Lease Agreement Sample
View our free sample to get a better understanding of how to structure your Oklahoma lease contract. Then, create your own and get a printable lease agreement for Oklahoma, which you can download as a PDF or Word document.